Market Overview
Home Prices in Clackamas, OR
The median home value in Clackamas, OR is $591,373 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.3% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Clackamas are priced44% above average. Clackamas is part of the Portland-Vancouver-Hillsboro, OR-WA metro area.
Over the past five years, Clackamas home values have risen by approximately13.2%, reflecting steady appreciation in this market.
Price History
Clackamas Home Price Trend
City Comparison
Clackamas vs. National Median
At $591,373, homes in Clackamas cost 44% above the national median of $410,000. Buyers in Clackamas should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Clackamas?
20% Down Payment
$118,275
on $591,373
Monthly P&I
$3,084/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,917/mo
incl. taxes & insurance
Income Needed
$156,680
gross annual (30% rule)
10% Down Option
$59,137
+ PMI applies
Loan Amount (20% dn)
$473,098
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Clackamas, OR?
The median home value in Clackamas is $591,373 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.3% year-over-year.
How much have home prices changed in Clackamas?
Over the past year, home values in Clackamas have decreased by 1.3%. Over five years, prices have risen approximately 13.2%.
How much do I need to earn to buy a home in Clackamas?
To comfortably afford the median home price of $591,373 with a 20% down payment ($118,275) at today's rates (6.8%), you'd need a gross annual income of approximately $156,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Clackamas compare to the national average home price?
The national median home value is approximately $410,000. At $591,373, homes in Clackamas are 44% above the national average.
What metro area is Clackamas part of?
Clackamas is part of the Portland-Vancouver-Hillsboro, OR-WA metropolitan area. Home prices and market conditions can vary across the broader metro region.